Market Rent is the rental rate that a property would command on the open real estate market.

Market Value is the highest price a property would command in a competitive and open market.

MSA is an acronym for Metropolitan Statistical Area, an area encompassing a major city and the surrounding cities.

Mid-Rise refers to a building with 4 to 8 stories above ground. However, in a Central Business District, this might extend to buildings up to twenty-five stories.

A Model Unit is a unit used as a sales tool to show how the actual unit will appear in layout, amenities, and construction.

A Multifamily Dwelling is a classification of housing where multiple separate housing units are within one building or a complex of several buildings. A common form is an apartment building.